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BODY CORPORATES MUST SECURE AGREEMENT BEFORE EXTRA COSTS

Recovering costs from lot owners that are not usual body corporate levies requires careful consideration.  When a lot owner pays a body corporate levy, the money should be used towards purposes that are common for everyone.

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WHAT A STRATA MANAGER DOES

A competent strata manager brings professionalism, expertise, and peace of mind to the management of strata properties. They ensure that the property is well-administered, financially sound, and compliant.

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DEALING WITH TENANTS WHEN TERMINATING A SCHEME FOR ECONOMIC REASONS

This article discusses further changes to the BCCMA that specifically addresses occupiers who are not owners.

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COST OF LIVING REBATE

The Queensland Government is providing a $1000 Cost of Living Rebate to eligible households and a $325 rebate to eligible small businesses in 2024.

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BODY CORPORATE BANK ACCOUNTS

One of the general functions of a body corporate is to administer the common property and body corporate assets for the benefit of owners of lots in the scheme. This includes maintaining common property and, in some circumstances, taking out insurance policies. The funds to finance insurance or maintenance are from owner contributions. But who…

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FIRST COMMUNITY TITLE SCHEME DEMOLISHED UNDER BUY-BACK PROGRAM

Minister for Fire and Disaster Recovery and Minister for Corrective Services The Honourable Nikki Boyd Demolition is now underway on the first community title scheme to have achieved voluntary home buy-back as part of the $741 million Resilient Homes Fund (RHF), jointly funded by the Australian and Queensland Governments. The unit complex in Mill Street,…

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THE DEFAULT MARKET OFFER (DMO) ANNOUNCED WITH REBATES IN SIGHT

Default Market Offer 2024-2025 It’s that time of year again, and we’re gearing up for changes in electricity pricing. The Australian Energy Regulator (AER) has just released its final determination for the 2024–25 Default Market Offer (DMO 6). The DMO caps the price retailers can charge household and small business customers on standard retail plans…

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THE COMMITTEE: A BODY CORPORATE DECISION MAKER

Community living requires a body corporate to make formal decisions to ensure the smooth day-to-day running of the complex. However, it is not always clear whether a body corporate decision should be made by the committee or by owners at a general meeting. There is a common misconception that if a by-law or a provision…

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BCCM MODULE AMENDMENTS: THE DEVIL’S IN THE (LACK OF) DETAIL

Whilst there was a substantial lead-in time for interested persons to assess the impact and effect of the amendments to the Body Corporate and Community Management Act 1997 (Act) from their passage through parliament in November 2023 to their commencement on 1 May 2024, the same can’t be said about the changes to the various…

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GOVERNMENT DOUBLES DOWN ON PETS IN STRATA

Three things to know about pet approvals: Amended pet approval decision timings are very pro-pet A body corporate has 21 days to respond to a pet application Failure to respond is a deemed ‘yes’ Further updates to strata pet regulations in Queensland The ink is barely dry on the new legislation governing strata in Queensland…

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